Planning for a successful compensation cycle is a critical business function, especially when the job market is seeing higher employee turnover. While you already know how important it is to compensate employees fairly, compensation cycles involve a lot of moving parts and can take up a ton of time.
During compensation cycles, you have employees waiting on you for pay increases, but you also need to consider various levels of input from different parties. In other words, it ends in a lot of meetings, emails and stress for your HR team.
Compensation cycles do not need to be a dreaded or complicated process.
We’ve developed a tool that can better equip your organization to manage the full cycle of compensation planning.
Score your organization now, and watch your numbers improve!